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12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Share capital of a company consists of 5,00,000 shares of Rs. 10 each, Rs. 8 called up. All the shareholders have duly paid the called up amount. Share capital will be shown as:

    A) Subscribed and fully paid

    B) Subscribed but not fully paid

    C) Either [a] or [b]

    D) None of the above

    Correct Answer: B

    Solution :

    [b] Subscribed but not fully paid


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